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Building Back Boldly: How Decisive Government Action Can Support Entrepreneurship in a Post-COVID-19 Economy
COVID-19 caused a global economic contraction of 3.5% last year, inflicting particular damage on emerging economies and pushing approximately 120 million individuals back into extreme poverty. Consultants Kate Collins and Bar Pereg argue that disruption of this magnitude demands large-scale government investment – not only to address the pandemic's economic damage, but also to support the growth of innovative companies in an economy re-shaped by the crisis. They explore the impacts government interventions can have on entrepreneurship, and the importance of taking an ecosystem-wide approach.
- Categories
- Coronavirus, Investing
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Pandemic Threatens Asia-Pacific’s Progress on Global Development Goals, Says Asia Development Bank
"As the socioeconomic impacts of responses to the virus continue to unfold, people already struggling to make ends meet are at risk of tipping over into a life of poverty," the Manila-based lender said.
- Categories
- Coronavirus, Health Care
- Region
- Asia Pacific
- Tags
- global development, SDGs
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Innovation in Action: Lessons From Healthcare Innovators That Rapidly Pivoted To Respond to COVID-19
The COVID-19 pandemic has forced health-focused social enterprises to adjust their methods and priorities, shifting their modes of patient engagement and even developing entirely new programs. Innovations in Healthcare, a nonprofit housed at Duke University, studied a group of health innovators working in low- and middle-income countries to understand these shifts. Victoria Hsiung, Sowmya Rajan and Katie Flowers share insights from a recent white paper analyzing how these organizations have adapted, assessing four groups' choices and exploring the lessons learned.
- Categories
- Coronavirus, Health Care, Impact Assessment, Social Enterprise
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Analysis: Education in a crisis: How Does India Cope and Improve
The pandemic has set back a lot of progress made in education, but all is not lost. Now is the time to reimagine education.
- Categories
- Coronavirus, Education
- Region
- Asia Pacific
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Analysis: Pandemic Has IFC Pumping $1.7 Billion Into Local Companies in India
The pandemic has led to the International Finance Corporation massively ramping up its impact investment in India.
- Categories
- Coronavirus, Environment
- Region
- Asia Pacific
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African Development Bank’s Off-Grid Recovery Platform for COVID-19 Reaches Financial Close
The African Development Bank has reached a financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa for the COVID-19 Off-Grid Recovery Platform.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
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The Value and Limitations of Market-Based Innovations for Impact: Three Takeaways After COVID-19
The COVID-19 pandemic has made one thing clear: Digital innovation in service delivery and infrastructure is critical to economic inclusion – both in emerging markets and around the world. But as Tilman Ehrbeck at Flourish Ventures points out, the crisis has also provided a humble reminder that digital infrastructure, private-sector innovation and market-based solutions are not sufficient to ensure broad-based prosperity. He shares three observations, rooted in the experiences of the pandemic, about the value — and limitations — of private-sector approaches in a post-COVID-19 world.
- Categories
- Coronavirus, Technology
- Tags
- COVID-19, digital finance, scale
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